They reduced the number of people in C-suite who had STEM background until they didn't know how to make big technical decisions, or allocate money for R&D and production.
This is not on its face a bad thing, however if you're in the C-suite of an engineering company and you're not an engineer, you should probably have engineers close by that you trust, and listen to them. It's as bad for the business to have engineers put into the finance office with no finance expertise as it is to have accountants run an engineering firm with no engineering expertise available.
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This is not on its face a bad thing, however if you're in the C-suite of an engineering company and you're not an engineer, you should probably have engineers close by that you trust, and listen to them. It's as bad for the business to have engineers put into the finance office with no finance expertise as it is to have accountants run an engineering firm with no engineering expertise available.
Relevant degree and expertise is needed just to listen to experts. Sitting trough dumped down power point representations is not enough.
Those who are competent to make decisions should be given leadership positions. Everything else is just bad corporate governance.